Virgin America Inc., the discount carrier partly owned by U.K. billionaire Richard Branson, wants to step up competition with American Airlines Group Inc. and Southwest Airlines Co. on their home turf in Texas.
American Airlines Group Inc. sold take-off and landing rights at Reagan National Airport and LaGuardia Airport for more than $425 million as part of its settlement of a government antitrust lawsuit last year.
Delta Air Lines Inc.’s shift to basing frequent-flier awards on the cost of the ticket instead of miles flown adds to benefits enjoyed by travelers who pay the highest fares and penalizes those who seek the cheapest price.
Southwest Airlines Co., which acquired most of the flying rights sold by American Airlines Group Inc. at Washington’s Reagan National Airport, said it will return one pair of the slots that it received for free and didn’t plan to use.
On a sunny, wind-swept December morning, Virgin America kicked off a day of festivities along the otherwise unfestive runways of Dallas Fort Worth Airport. Four longhorn cattle lolled in a pen while dignitaries such as Dallas Mayor Tom Leppert lunched on pulled pork and ribs, and lasso artists twirled rope. The main attraction was the host, 60-year-old Sir Richard Branson, billionaire bon vivant and founder of the Virgin Group. While he was at the center of the celebration, he was also making an incursion into enemy territory.
Spirit Airlines Inc. carved out a niche as the ultra low-cost, no-frills carrier, charging for everything from carry-on bags to printing boarding passes. It’s achieved another get-what-you-pay-for milestone, this time as the airline with the worst on-time record in North America.
Southwest Airlines Co. won the most flying rights at Washington’s Reagan National Airport, topping JetBlue Airways Corp. in the last major asset sale demanded by regulators for the merger creating American Airlines Group Inc.